Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 113500
per

Your estimated
City
free-cash

Madrid , Spain
₽35676
₽25060
₽42821
₽29095
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
113 500
accident
-
-
-
796
income
-
-
-
24 417
pensions
-
-
-
24 995
other
-
-
-
89
unemployment
-
-
-
618
total
-
-
-
50 915
Employee
46 022
-
86 062
-
unemployment
712
-
1 335
-
pensions
2 163
-
4 045
-
income
9 612
-
22 046
-
other
45
-
87
-
total
12 532
-
27 513
-
Employer
46 022
-
86 062
-
pensions
10 861
-
20 311
-
other
369
-
689
-
unemployment
2 532
-
4 734
-
accident
911
-
1 703
-
total
14 673
-
27 437
-
Corporate
52 805
113 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

7 921
17 026
-
-
total
7 921
17 026
-
-
Dividends
44 885
96 474
-
-
withholding
9 208
20 163
-
-
total
9 208
20 163
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 334
37 189
54 950
50 915
After tax
69 166
76 311
58 550
62 585
Living cost
33 490
33 490
33 490
33 490
Free-cash
35 676
42 821
25 060
29 095

Estimated living cost  is ₽33490 per week

₽24051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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